Unaudited financial results for the quarter ended on June 30, 2025
Awaiting price reaction for this filing.
The company reported standalone unaudited results for Q1 FY26 (quarter ended June 30, 2025). Total income surged to Rs. 2,103.90 lakhs from Rs. 59.83 lakhs in Q1 FY25 — roughly a 34x jump year-on-year and a massive 33x jump sequentially from Rs. 63.85 lakhs in Q4 FY25. Profit after tax stood at Rs. 220.53 lakhs vs Rs. 25.59 lakhs in Q1 FY25 (~8.6x growth). Basic EPS jumped to Rs. 13.78 from Rs. 1.60. Despite the strong top-line, EBITDA margin (PBT + depreciation over revenue) compressed sharply from ~68% in Q1 FY25 to ~11% in Q1 FY26 as purchase of stock-in-trade rose to Rs. 1,843.19 lakhs. The auditor's limited review flagged a difference between GSTR-3B (GST return) data and purchases recorded in the books but did not qualify the report. The Board also approved inserting 10 new sub-clauses into the Object Clause, expanding the company's scope from software services into manpower, film/media/AI, agriculture, jewelry, real estate, and construction.
Sharp revenue and profit growth is positive for shareholders, but the steep margin compression and the dramatic broadening of business objects (from a single software segment to 10 unrelated industries) may raise questions about sustainability and the nature of the revenue pickup. The stock could see short-term volatility; investors should watch next quarters to confirm whether the volume jump is repeatable.